GEEN Holding - Czech Republic’s energy investment group – has started a new biomass power plant in Zupania, eastern Croatia. With a capacity of 4.96 MW of electricity and 8 MW of heat, the new power plant will use wood chips and pellets as feedstock.
The Zupanja plant has completed its trial production successfully. It will produce 40 GWh of electricity annually.
Built at a cost of 39.2 million euros, it is GEEN’s second biomass power plant in Croatia.
GEEN’s first biomass-fired plant in Croatia started operations in Benkovac, in Zadar county in 2018. There are further plans to start a third biomass power facility in the Adriatic state.
The three power plants are expected to be built at 120 million euros, while the estimated annual revenue from the investment is expected to total of 24 million euros.
For latest updates on Europe’s biomass power market, attend CMT’s 5th Biomass Trade & Power Europe on 5-6 February, 2020 in Copenhagen.